(197) General Counsel + Subscriptions with Bill Price of SubscriptionGC

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Here are the top 5 takeaways from this episode:

* Bill Price’s ALSP, Subscription GC, charges a flat monthly fee that is cheaper than big law but still premium, aligning incentives around getting things done rather than billing for time.

* By handling repetitive, administrative tasks, AI lets lawyers move up the strategic stack and spend more time on business decisions, relationship-building, and nuanced in-person negotiations that technology cannot replicate.

* Bill recommends evaluating whether to maintain your own data and models, whether you can afford the time and money to build, and whether you can keep everything updated and secure, concluding that a platform like Practi was a no-brainer for his needs.

* Rather than replacing lawyers, AI and automation will increase demand and create more work, as efficiencies open new markets and opportunities, especially in the subscription legal services space.

* Lawyers from both backgrounds are drawn to the flexibility, predictable pricing, and better work-life balance of subscription practices, with some eventually receiving offers from the very clients they serve.

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